Xero Software Accounting and Bookkeeping Course

• Learn how to sign up your business to Xero and set up your initial settings
• Learn how to pay your employees from Xero with its amazing payroll system
• Get going quickly with invoices, bills, bank accounts, fixed assets and more
• Find out how to create and check your VAT returns before lodging them manually or digitally

COURSE CONTENT

Getting Started

• Signing up to Xero
• Quick Tour of Xero
• Initial Xero Settings
• Chart of Accounts
• Adding a Bank Account
• Demo Company
• Tracking Categories
• Contacts

Invoices and Sales

• Sales Screens
• Invoice Settings
• Creating an Invoice
• Repeating Invoices
• Credit Notes
• Quotes Settings
• Creating Quotes
• Other Invoicing Tasks
• Sending Statements
• Sales Reporting

Bills and Purchases

• Purchases Screens
• Bill Settings
• Creating a Bill
• Repeating Bills
• Credit Notes
• Purchase Order Settings
• Purchase Orders
• Batch Payments
• Other Billing Tasks
• Sending Remittances
• Purchases Reporting

Bank Accounts

• Bank Accounts Screens
• Automatic Matching
• Reconciling Invoices
• Reconciling Bills
• Reconciling Spend Money
• Reconciling Receive Money
• Find and Match
• Bank Rules
• Cash Coding
• Remove and Redo vs Unreconcile
• Uploading Bank Transactions
• Automatic Bank Feeds

Products and Services

• Introduction – Products and Services
• Products and Services Screen
• Adding Services
• Adding Untracked Products
• Adding Tracked Products

Fixed Assets

• Introduction – Fixed Assets
• Fixed Assets Settings
• Adding Assets from Bank Transactions
• Adding Assets from Spend Money
• Adding Assets from Bills
• Depreciation

Payroll

• Introduction – Payroll
• Payroll Settings
• Adding Employees
• Paying Employees
• Payroll Filing

VAT Returns

• VAT Settings
• VAT Returns – Manual Filing
• VAT Returns – Digital Filing

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.